Arizona State AutoTitle Loan Regulation

States that permit car-title lending as of December 2012

State:

Status:

Citation:

Max Loan:

Cost Limits:

NSF/Fees:

Term Limits:

Cost $500:

Sale/LeaseBack?:

Repo Terms:

Right to Cure:

Surplus/Deficiency:

Prohibited Practices:

Title Required:

Arizona

Permit

Motor Vehicle Time Sales Disclosure Act (Ariz. Stat. 44-281 et seq.) 



17%/mon. $500 or less; 15% per mon. $501-$2,500; 13%/mon. $2,501-$5,000; 10%/mon. more than $5,000 

Late fee up to 5% of unpaid balance of installment if not paid in full on tenth day after due date 



$85/204%APR





May extend payments, defer payment(s), renew unpaid balance or restate the unpaid balance. 

Lender gets deficiency balance, borrower gets surplus. 



No